Wednesday 30 September 2020

PE firm bets on curtain wall maker behind One Vanderbilt, Central Park Tower

Despite the ongoing uncertainty surrounding office space demand, a Connecticut-based private equity firm is betting on a company that specializes in cladding massive commercial towers. Atlas Holdings announced Wednesday that it acquired Italy-based Permasteelisa Group from Tokyo-based Lixil Group. Permasteelisa, which designs, manufactures and installs building curtain walls, has worked with some of New York City’s biggest developers — most recently completing the glazed aluminum exterior of SL Green Realty’s One Vanderbilt. The company is



source https://therealdeal.com/2020/09/30/pe-firm-bets-on-curtain-wall-maker-behind-one-vanderbilt-central-park-tower/

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